138 N Madison Road, London, OH 43140
- 0.2 acres
- Built 1930
About this home
This London Ohio investment portfolio consists of 8 properties totaling 12 units and is a subset of a larger Central Ohio Investment Portfolio available for purchase, as smaller package. 138 N Madison - London 25 W Lincoln - London 701 E Paint - Washington CH 1005 Broadway - Washington CH 631 Rawling - Washington CH 40 South St - London 42 South St - London 27 Fent St - Jeffersonville The full portfolio is 118 units assembled across 31 individual residential and mixed-use properties in London, Ohio (Madison County) and Washington Court House, Ohio (Fayette County). The portfolio was acquired and renovated between 2018 and 2022 under three operating entities Ohio State Property Investors, USA Investment Group, and The Woodlands LLC. Please see the attached file that breaks down the offering in tranches. A few important parameters: 1. Highlighted tranches must be purchased as a package. The seller's preference is for these packages to also include some of the unhighlighted assets. 2. Unhighlighted assets may be purchased individually at the pricing shown in the attached summary. 3. Buyers are responsible for sourcing their own debt quotes and determining the best execution if separating assets from the portfolio. Whether you're pursuing the full portfolio, a tranche, or select individual assets, the underlying story holds: below-replacement-cost basis at $62,486/unit and direct Columbus MSA spillover demand across Madison and Fayette Counties. This tranche structure opens the door for buyers who wanted exposure at a smaller check size -- and we expect it to accelerate activity on the portfolio. If you've been evaluating this deal, now is the time to move. We will promptly present all offers received. ***Note: Individual Pricing Available. Can be broken up. Details found in Tranche Pricing document attached.***
Key facts
- Status
- Active
- Type
- Duplex
- Days on market
- 128
- Property taxes
- about $2,707/yr
- County
- Madison
- MLS #
- 226021686
- Listing brokerage
- Verti Commercial Real Estate L
- Listing agent
- Brett A Ludwig
- Listing brokerage contact
- 380-215-6046
Price reduced 11% from $1,155,000 on August 7.
Lot and parking
- Lot size
- 0.2 acres
- Lot square feet
- 8,712
Taxes and HOA
- Property taxes
- about $2,707 a year
- Tax year
- 2025
- Parcel number
- 31-02812.000
Schools
- District
- London CSD
Around it
ZIP 43140: 57 homes for sale. Madison County: 121 homes for sale · county sold data. Town: everything for sale in London · London sold prices and days on market.
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Everything for sale in London · what London homes actually sold for
Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by the Columbus and Central Ohio Regional MLS through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 19, 2026, 6:08 PM.